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Egypt to launch electronic database for vehicles bought through loans
The CBE signed last month a cooperation agreement with the Interior Ministry and the Egyptian Credit Bureau (I Score) to…
Finance
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NACC begins talks with major banks for EGP 20 bn financing
The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20…
Aman in talks with four banks to increase credit portfolio to EGP 700 mn
Raya Holding’s microfinance arm Aman is in talks with four banks to increase its credit portfolio to EGP 700 mn…
Egypt’s CIT Ministry in talks with World Bank to provide e-lending to the youth
The CIT Ministry is in talks with the World Bank to provide electronic lending services to young borrowers in partnership…
BdC obtains USD 30 mn loan from Kuwait Fund
Banque du Caire (BdC) has secured a USD 30 mn loan from the Kuwait Fund for Arab Economic Development to…
Egypt’s talking heads discuss funding for social safety; Facebook, Instagram, WhatsApp glitches
The nation’s talking heads didn’t have much to keep them occupied last night beyond the World Bank’s recent approval of…
World Bank approves USD 500 mn loan to support Egypt’s cash-subsidy programs
World Bank approves USD 500 mn loan to support Egypt’s cash-subsidy programs: The World Bank’s board of directors has approved…
Another mixed bag of nuts on Egypt’s airwaves
The airwaves gave us a mixed bag of nuts last night, with no single topic reigning supreme. End of fiscal…
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